Efficient investment in a dynamic auction environment

DOI10.1016/J.GEB.2011.11.006zbMATH Open1279.91079OpenAlexW2084451112MaRDI QIDQ417675FDOQ417675

Konstantin Sonin, Brendan Daley, Michael Schwarz

Publication date: 14 May 2012

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.geb.2011.11.006

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• An efficient dynamic mechanism
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• Investment dynamics with common and private values

zbMATH Keywords

signalingauctionsefficient mechanism design

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Signaling and communication in game theory (91A28)

Cites Work

• Auctions with entry
• Signaling Games and Stable Equilibria
• Dynamic Mechanism Design: A Myersonian Approach
• Information Acquisition and Efficient Mechanism Design
• The Dynamic Pivot Mechanism
• An Efficient Dynamic Mechanism
• Auctions with private uncertainty and resale opportunities.
• Auctions with costly information acquisition
• Competitive bidding with entry costs
• Rational Expectations, Information Acquisition, and Competitive Bidding
• Virtual Implementation in Nash Equilibrium
• Equilibrium Selection in Signaling Games
• Partial pooling at the reserve price in auctions with resale opportunities
• Indicative bidding and a theory of two-stage auctions

Cited In (5)

• Investment dynamics with common and private values
• Investment decisions under first and second price auctions
• On the benefits of dynamic bidding when participation is costly
• Efficient non-contractible investments in large economies.
• Efficient investments in the implementation problem

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